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CSPAN
Nov 3, 2012 11:00pm EDT
state could have eliminated its deficit and then some if they simply stopped rebating it when it came pouring in every day from this transactions so there's a little diddy here. first tax what we burn before we tax what we earn. first tax what we bet, speculation, gambling, before we tax what we net. did you hear that in the presidential debate? [laughter] second principle of transforming the tax system is equity. why do we have 25 major corporations who last year paid zero federal income tax on billions and billions of properties u.s. based? verizon, general electric. i just met a fellow from general electric at union station. i said, what did you do? i was in the cfo's office. i said, you got quite a tax avoidance, could have been evasion, too, club there. he said, they're some of the smartest people in the company. we actually give them prizes when they end up saving us from our tax responsibilities. we give them prizes. they have quotas, and year after year, general electric has e caped more than any other company from making big money, escaping from federal income tax, and gettin
CSPAN
Oct 27, 2012 9:30pm EDT
that have sugar. if we compare that to the annual deficit is over $1 trillion. you want to cut 7 million added time? that is 140,000 we cannot do it once. that discourages me. we cannot cut pennies left alone billions. >> host: you have a new book? >> government police. weird not talking about murder or rape or stealing but people who put the dirt on their own property some of these came out of the first george bush rethink you should not put people in jail. and the old days there was a difference between criminal law and tort law it was called intent if you accelerated somebody that was not murder now there is a man in jail southern mississippi 10 years without parole for putting clean fill dirt on his land sometimes it is moving dirt from an area to another. some was well intended the clean water act says you cannot dump pollutants per kriet agree. no chemical company should be allowed the nine your own land is not the same as dumping chemicals. >> host: and utilities and the senate? >> i brought the peg family from idaho ss of new $5,000 per day fine and told they cannot build
CSPAN
Oct 27, 2012 11:00am EDT
deficits and all of these problems and we're just going to send resources after resources into the sinkhole in order to try to make them productive citizens and workers and family members ideally by the time they're 18 or 19 and that is highly disrespectful to very confident, capable, self-reliant kids but also it means we are taking their most productive years when they are early adolescents, crossing this boundary, who knows so much about what their communities need and what they are lacking and they are not shy about telling you the park is dangerous and they are more likely to get murdered their than play a basketball game, there are no jobs, the health care services are lousy. they can tell you what needs to be done and if we would have the confidence in schools to say we will help you make these differences and changes now when you are 14 or 15, you have a lot of energy and the law time on your hands, we have a school in the community, we will teach you how to make a difference and how to make this park safer, not just to clean up the park but you need to have a partnership w
CSPAN
Oct 27, 2012 6:00pm EDT
responsible for the increase in the deficit. he's not. he tried to veto many of those bills. he could not because the democrats controlled congress, and so he was forced, willy-nilly, if you're going to have a budget at all--and mr. clinton is going to discover this--you just have to go along, in the end, with congress. and he did not bankrupt the country. he did--he tried to control spending. he was just in too weak a position to do so. c-span: so you just wash your hands of any of the problems today that were brought about by supply-side economics. >> guest: well, the problems ex--they weren't brought about by supply-side economics. they were brought about, i would say, by irresponsible congressional expenditures. but it doesn't matter. the problems are real. i mean, they're with us. i mean, medicare, medicaid, things that originally were thought to involve the expenditure of perhaps a few billion dollars suddenly are s--going at the rate of tens of billions of dollars, which no one really anticipated, but which a thoughtful person might have-not anticipated, but say at some point,
Search Results 0 to 3 of about 4